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Nov 14, 2012
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. >> woodruff: senate minority leader mitch mcconnell sat down with the three confirmed additions to the republican conference. he said it was time to tackle the nation's problems. >> the country has extraordinarily difficult set of challenges facing us over the next couple of months. the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500 billion in tax incrses will take effect with the expiration of the bush era tax cuts and the payroll tax holiday. at the same time automatic spending cuts will hit defense and domestic programs totaling $109 billion. the spending reductions were triggered when the congressional super committee failed to reach a broad deficit deal last year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president'
. >> woodruff: senate minority leader mitch mcconnell sat down with the three confirmed additions to the republican conference. he said it was time to tackle the nation's problems. >> the country has extraordinarily difficult set of challenges facing us over the next couple of months. the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500...
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Nov 14, 2012
11/12
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senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. given what awaits these new lawmakers in january, you might wonder why they want the job. it's still not clear whether a lame duck session of congress will navigate the expiring tax breaks and automatic spending cuts that make up the fiscal cliff. the president met privately with labor leaders to discuss options for the fiscal cliff. tomorrow, he will caucus with c.e.o.s from companies like wal-mart, g.e. and bank of america. it all leads up to friday when the president sits down with congressional leaders at the white house to begin the real negotiations, and both sides enter those talks claiming a mandate to protect the principals the voters endorsed at the ballot box. >> darren gersh is with us tonight from our washington, d.c. bureau, where a week after election day here. was
senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. given what awaits these new lawmakers in january, you might wonder why they want the job. it's still not clear whether a lame duck session of congress will navigate the expiring tax...
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Nov 9, 2012
11/12
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WUSA
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and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he doesn't want to spend four years. the odds are very high the republicans will keep the house in 2014. does he really want four years of gridlock or does he want to take a big step, which is a gamble, open the door, sit down and have genuine conversations? and frankly, as he appoints some new cabinet officers, find some republicans that could serve in the cabinet, in a serious way, that would join ray la hood. he has really been sort of isolated as the secretary of transportation. >> we've seen some comments from both sides and yes we want to try to come up with an agreement, we want to try to exte
and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he...
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Nov 11, 2012
11/12
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hat about the sequestered ta how is delighted to see an interview with direct quotes from mitch mcconnell appeared he said we're not raising taxes to avoid the sequester appeared out rather have the savings over a decade -- from mitch mcconnell. he said we're not raising taxes to avoid sequester. i would rather have the savings over a decade. i am not -- i would rather have the sequester them lose the savings. i would rather have a different ly structured sequester. we're not giving up savings. we either had the sequester or reconstruction it differently. ,hat i think you're going to do at the one thing he could have a compromise on, maybe the only thing you have a real compromise like theoneis republicans savings for the sequestered but they do not want to come out. the democrats theoretically would like the sequesters savings but they do not want to have domestic discretionary. they would both like to in the sequestered but republicans will not do it in a way that allows spending to go higher rather than lower. you can take that all out of entitlements. you could delay certain entitleme
hat about the sequestered ta how is delighted to see an interview with direct quotes from mitch mcconnell appeared he said we're not raising taxes to avoid the sequester appeared out rather have the savings over a decade -- from mitch mcconnell. he said we're not raising taxes to avoid sequester. i would rather have the savings over a decade. i am not -- i would rather have the sequester them lose the savings. i would rather have a different ly structured sequester. we're not giving up savings....
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Nov 14, 2012
11/12
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>> i think mitch mcconnell is a little worried. you saw some of these people on election night. you saw karl rove's response. you saw mcconnell the next day. you saw speaker boehner, who is the most -- i think the most flexible of the group. they know that they're going to have to come to the table and give on a lot of things. not just that we won the election, but when i see the organizing around the president's message. he'll travel the country and talk to people, and the country is overwhelmingly with him. even people that didn't vote for him, many think the rich should pay battle more and focus on jobs. when you put that together, it's clear that the president is in a good position to win this. it really is another campaign in so many ways. >> ed, i think people think the negotiations happened for the last year in this country. we had a national debate on this question. the people have spoken. we want our government to answer the call. so for us, the issue of negotiating is we need the republican in the house to extend the middle class tax cuts permanently so they can show t
>> i think mitch mcconnell is a little worried. you saw some of these people on election night. you saw karl rove's response. you saw mcconnell the next day. you saw speaker boehner, who is the most -- i think the most flexible of the group. they know that they're going to have to come to the table and give on a lot of things. not just that we won the election, but when i see the organizing around the president's message. he'll travel the country and talk to people, and the country is...
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Nov 12, 2012
11/12
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FBC
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 11, 2012
11/12
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mitch mcconnell released this statement. i know some people think tuesday's results mean washington is going to roll over and agree to democratic demands that we hike tax rates. i'm here to tell them there's no truth to that notion. this is the stand off we have. i'm going to let you reset the table and all of you weigh in after this break. ing. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while saving the things that go in our wallet. more saving. more doing. that's the power of the home depot. right now, get an assortment of martha stewart living ornamen,s free when you purchase select artificial trees. begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62%
mitch mcconnell released this statement. i know some people think tuesday's results mean washington is going to roll over and agree to democratic demands that we hike tax rates. i'm here to tell them there's no truth to that notion. this is the stand off we have. i'm going to let you reset the table and all of you weigh in after this break. ing. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle...
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Nov 11, 2012
11/12
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mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the dance floor just kind of speaks to me. ♪ because this is thriller >> reporter: a two-minute flash mob right in front of the national portrait gallery. they are students from d.c.'s savoy elementary school in southeast but, on this day, they're -- >> just like michael johnson. >> a teacher directed from on torch an suv. >> i want to teach them that they can go to wherever i want to go. >> reporter: savoy was traditionally a low performing school but they were celebritiesed by the president' commission on arts to get art supplies, instrumen
mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the...
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mitch mcconnell the republican says no way. i say there will be a compromise before the end of the year. and you say? gerri: there could be a compromise that won't be -- you are wrong when you say as you did in the break republicans are going to blink. the president does not have a mandate. team needs the republicans to work with if. stuart: he won. gerri: he did not in by a huge majority. the president is going to have to bend. he is not running for reelection. we have him full time. stuart: what forces in to bend? gerri: he wants to get a deal. it makes him look good. makes other democrats will good if he gets a deal and i think he will go for that. i know there could be a change. you think it will be straight, the same thing he has been doing. i disagree. we will see a band. stuart: when you think the president will do what he has not done the last four years, change course. gerri: it is a different world. he has four more years -- [talking over each other] gerri: doesn't have to appeal to the hard left. stuart: we disagree.
mitch mcconnell the republican says no way. i say there will be a compromise before the end of the year. and you say? gerri: there could be a compromise that won't be -- you are wrong when you say as you did in the break republicans are going to blink. the president does not have a mandate. team needs the republicans to work with if. stuart: he won. gerri: he did not in by a huge majority. the president is going to have to bend. he is not running for reelection. we have him full time. stuart:...
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Nov 12, 2012
11/12
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FOXNEWS
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what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great. but if between now and then and the disagreements look really big and bad, that's going to damage this economy because it just shatters any consumer confidence going into the holiday season. >> yes. jenna: so, ultimately, they could find a solution, but damage will already be done. what dueck about that, bob? what do you think about the style to all this as well? >> that's why -- and i agree with that, they're going to need a deal by mid december because it's going to shatter consumer confidence, and the stock market's going to play a big role here. we
what about nancy pelosi, harry reid, mitch mcconnell? in 2011 it was basically boehner and obama, this time there might be a few more lawmakers who want in on this deal. jenna: the president's going to be sitting down with leaders later on this week. let's talk about style versus substance, something we talked about a lot with the election. i was reading comments from the ceo of at&t today, also the senior economist from bank of america who say, listen, if they'd reach an agreement, great....
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Nov 8, 2012
11/12
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>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to historic lows. talking about statements being made when television cameras are on, one thing about this polarization that we have where all we do is we only watch msnbc or with only watch fox and we only talk to people that we want to hear from, you begin to adopt this alternative reality. everybody is talking to you about the fact that when women are raped they cannot really get pregnant and you tend to believe it. and the rest of the world says, are you out of your mind? eventually, that will become a risk for democrats as well. >> and by the way, there is
>> and another seat in 2014, mitch mcconnell's seat. whether in the primary or the general election, he is really concerned. he has been raising some the like a million dollars a quarter in the off-year for the last year-and-a-half or so. he hired rand paul's campaign manager. he is seriously preparing for the contest. >> he made the comment to our colleague, major garrett, that our top priority is stopping barack obama. and they did it, and congressional approval rating went on to...
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Nov 16, 2012
11/12
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he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're ashamed of it. >> if we do get our house in order, future of america is really bright. if we don't, we're well on our way it to becoming a second rate power. >> bowles sees a one third chan of a deal during the lame duck session of congress. a one third chance nothing gets done and the economy moves into chaos. let's hear in michael gurhka. the economy moving in to chaos, is that why we're seeing this market action? >> i'm not surprised because on the equity side, it's always about confidence and right now a lot of politicians have not given the market any confidence whatsoever. so
he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're...
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Nov 9, 2012
11/12
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i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell actually is not getting touched here. >> i agree with chuck. it's a bit of inside baseball, but cornyn getting promoted is an unbelievable thing given what happened. i'm a fan of john cornyn's, but his record in the senate race speaks for itself. and the fact that people are just saying yeah, let him move up, unbelievable. >> people inside the senate know that john cornyn did not want todd akin to win the primary. john cornyn did not want mourdock to win the primary. >> but some of his candidates did lose as well. david, you talk about the issues, health care and appealing, part of the comebac
i wonder if mitch mcconnell's approach was the right approach because that approach didn't work. that's my point here. and the question is, is mcconnell going to change his approach in negotiating and in dealing with the president and in dealing with harry reid and in dealing with john boehner, or is he going to go down the same road? mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell...
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Nov 10, 2012
11/12
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among those up in 2014, mitch mcconnell, lindsey graham, saxby chambliss -- if you are mitch mcconnell four years ago, but would have had unanimity that theh waas king of republican party in kentucky. there was not a contest for the leader. then 2010, he put every resources could, every attempt to keep randpaul from winning the republican nomination and failed miserably. if you are looking at this from mitch mcconnell's perspective, knowing that several other republicans who ran for senate this time would not promise going in that they would support mitch mcconnell. and you have the potential for a primary challenge in a party you no longer control. your willingness to compromise on some of these critical issues may be itself compromise. if you're john cornyn, you would have stayed out of the race for the republican nominations for the senate this time around but you sat back and watched as the very conservative and powerful lieutenant governor was beaten from one end of the state to the other in the primary by ted cruz because it was a moderate. and you have to be thinking that could
among those up in 2014, mitch mcconnell, lindsey graham, saxby chambliss -- if you are mitch mcconnell four years ago, but would have had unanimity that theh waas king of republican party in kentucky. there was not a contest for the leader. then 2010, he put every resources could, every attempt to keep randpaul from winning the republican nomination and failed miserably. if you are looking at this from mitch mcconnell's perspective, knowing that several other republicans who ran for senate this...
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Nov 9, 2012
11/12
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CNNW
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...
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Nov 11, 2012
11/12
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CNN
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both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargain in the so-called lame duck session of the congress. but i think you can scrape together enough to avoid sequestration and avoid the fiscal cliff or fiscal slope. remember, they have to come up with only about $100 billion. i know that sounds weird. but $100 billion to set that aside. between spending cuts and perhaps some loophole closures i think they can raise it. but you can't confuse that with a long-term deal. >> john podesta, does the math work, though, which is if you close deductions for the wealthy people can you raise enough revenue? i think that's the fundamental question
both boehner and mitch mcconnell said taxes will simply not go up, period. >> bu i think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, in that old expression, to skin a cat. i thought john boehner the other day was quite emphatic in saying we are open to new revenues under the right framework. dave gergen is absolutely correct. i think this is a two-step deal. i think it's too ambitious with too little time to get...
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Nov 10, 2012
11/12
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i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess
i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all...
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Nov 8, 2012
11/12
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john boehner, harry reid, mitch mcconnell. they have not been able to reach a deal. will they be able to move forward now? they were saying some nice things yesterday, both harry reid and john boehner. actions speak louder than words. there are many obstacles what they can do in the main -- the lame duck. we covered both yesterday at a news conference. let me begin with the speaker was talking about the fiscal clef and really what it comes down to is tax cuts and whether you let them expire. [video clip] >> real economic growth eluded us in the first term of this president. without it, we cannot solve the debt problem. for the purposes of forging a bipartisan agreement, we are willing to accept new revenue under the right conditions. what matters is where the increased revenue comes from and what type of reform comes with it. does the increased revenue come from government taking a larger share of what the american people learned through higher tax rates, or does it come as a buy part -- byproduct of growing the economy energized by a simpler, fairer tax code with yo
john boehner, harry reid, mitch mcconnell. they have not been able to reach a deal. will they be able to move forward now? they were saying some nice things yesterday, both harry reid and john boehner. actions speak louder than words. there are many obstacles what they can do in the main -- the lame duck. we covered both yesterday at a news conference. let me begin with the speaker was talking about the fiscal clef and really what it comes down to is tax cuts and whether you let them expire....
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Nov 16, 2012
11/12
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CNBC
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now, even john boehner and mitch mcconnell came out of that meeting in the white house and used the word revenue. it's on want table. they are acknowledging they will raise revenue. the only way i know to raise revenue is to raise taxes. i mean, does it sound to you like there's going to be a tax increase after all? >> no. if you remember, the comment that boehner and mitch mcconnell have made is they want revenue from economic growth. the best way to get revenue for the federal government is to grow the economy faster rather than slower. if you grow at 4% a year instead of 2% a year for one decade, the government raises $5 trillion. that is how you balance the budget. you cut spending, just as the republicans did in the last half of the 1990s. they cut the capital gains tax. we had more growth, and we slowed spending. that's what we need to focus on, not raising taxes on the american people and of course, obama's tax increases are there, but he hasn't put any spending restraint on the table. we look forward to seeing what he might be thinking of. >> mr. norquist, if you had to put money
now, even john boehner and mitch mcconnell came out of that meeting in the white house and used the word revenue. it's on want table. they are acknowledging they will raise revenue. the only way i know to raise revenue is to raise taxes. i mean, does it sound to you like there's going to be a tax increase after all? >> no. if you remember, the comment that boehner and mitch mcconnell have made is they want revenue from economic growth. the best way to get revenue for the federal...
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Nov 12, 2012
11/12
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it looks to me like mitch mcconnell has wanted to be majority leader since the senate race, ever since then he wanted to be majority leader. now he may never be. things do not look that much better for the republicans two years from now than they do now. he will also face a primary in two years. >> he may or may not. back in 2010 there was a contested primary in kentucky. that caused a bit of a problem for him. people were upset with him. but he has done a lot of work to hug rand paul so close to him and he let him do about whatever he wants to do on the senate floor. when he says i want to go to the floor and cause a big stink about something, mitch mcconnell says go right ahead. he is such a talented politician. he is so smart. in my opinion i think he has done everything he can do to prevent someone -- even if someone wanted to challenge him from the right he has done as much as he can do to keep them at bay. >> of course the other aspect of leadership transition in congress will be changes on the committees. your handy guy will offer lots of details. we should devote some of it to
it looks to me like mitch mcconnell has wanted to be majority leader since the senate race, ever since then he wanted to be majority leader. now he may never be. things do not look that much better for the republicans two years from now than they do now. he will also face a primary in two years. >> he may or may not. back in 2010 there was a contested primary in kentucky. that caused a bit of a problem for him. people were upset with him. but he has done a lot of work to hug rand paul so...
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Nov 14, 2012
11/12
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now, senate republic leader mitch mcconnell says raises taxes on those businesses would cost 700,000 jobs. the president says we would simply return to the tax rates of the clinton years in which the economy created almost 8 times as many jobs as the administration of george w. bush. president will make his case to the public tomorrow and civic leaders on friday which is when these talks with congressional leaders come in. >> shepard: wendell goler on the north lawn. seven weeks isn't really seven weeks when you are talking about congress. lawmakers just got back to work today. then they are off next week for thanksgiving. then they will take a break for christmas and then time is up. mike emanuel is on capitol hill. one of the lawmakers back at work today congressman paul ryan. the republic vice presidential nominee. >> that's right, shep. paul ryan is expected to have a lot of clout after the elections. obviously a more recognizable name around the country. and he will continue on as the house budget chairman. ryan did not say a whole lot to reporters today. he seemed to be trying
now, senate republic leader mitch mcconnell says raises taxes on those businesses would cost 700,000 jobs. the president says we would simply return to the tax rates of the clinton years in which the economy created almost 8 times as many jobs as the administration of george w. bush. president will make his case to the public tomorrow and civic leaders on friday which is when these talks with congressional leaders come in. >> shepard: wendell goler on the north lawn. seven weeks isn't...
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Nov 16, 2012
11/12
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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Nov 13, 2012
11/12
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and rand paul who is very close to mitch mcconnell who runs the republican party in the senate. he told us he's going to start pushing for more lax marijuana laws, going to start pushing for a pathway to citizenship on illegal immigration. he said that this tea party conservatism that brought him power and some fame needs to recalibrate too and they need to use this libertarian strain to start to reach out to people in cities, in the northeast, they can't be a one-region party. again, it's not just bobby jindal, it's across the board where you have prominent, influential republicans re-thinking what it means to a republican. and that is, i think that is the one silver lining for the republican party from the results last week. >> by the way, jim, that's a big, big silver lining. a big silver lining. this is a party, this wasn't a goldwater type wipeout. it was a couple of percentage points in the popular vote. you have a president whose campaign team was brilliant and they outmaneuvered the republicans tactically in nine states. no doubt, we were out of touch with voters on issu
and rand paul who is very close to mitch mcconnell who runs the republican party in the senate. he told us he's going to start pushing for more lax marijuana laws, going to start pushing for a pathway to citizenship on illegal immigration. he said that this tea party conservatism that brought him power and some fame needs to recalibrate too and they need to use this libertarian strain to start to reach out to people in cities, in the northeast, they can't be a one-region party. again, it's not...